Natural Resource Partners LP (NYSE: NRP) has reported E.P.S. of $2.04 for its third fiscal quarter (ending September 30) versus $3.40 for the same period a year ago — a decline of -40%. For the latest four quarters through September 30, E.P.S. were $13.34 compared to $15.09 a year ago — a decline of -12%.
Recent Price Action
Natural Resource Partners LP (NYSE: NRP) stock closed at $99.00 on 11/5/24 after a very large increase of 5.5%. Moreover, this advance was accompanied by unusually high trading volume at 160% of normal. The stock has risen 2.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NRP is expected to continue to be a major Value Builder.
Natural Resource Partners has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Natural Resource Partners has a slightly positive Power Rating of 62 and a very high Appreciation Score of 86, and the Highest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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